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- thrace-detectors (515)- Feedback left by buyer.More than a year agoVerified purchaseGood buyer, prompt payment, valued customer, highly recommended.
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Reviews (1)
Aug 31, 2021
Its a helpful book.
It is a helpful book that compares index funds to managed funds. It looks at long term performance of indexing over long term performance of managed funds. It is compelling evidence for long term investors to use index funds for wealth accumulation over managed funds. There are some highlights that stand out. 1) asset allocation matters as wealth is made in stocks. 2) Duration matters for bond fund risk.
Only half way through the book. I'm moving to the index of the book to look at stock terms, like P/E and R-squared,